Oil and metals rebounded on Wednesday as investors reaquired some comfort with risk, plowing back into commodity markets a day after a sharp selloff sparked by concerns over Japan's nuclear crisis. Gold rose on Wednesday as investors took advantage of the previous day's 2 percent price drop to buy the metal and as the extreme risk aversion that prompted a flight to liquidity on Tuesday eased.
Gold rises as markets stabilize.
Dollar fell to a four-month low against the yen.
U.S. crude oil stockpiles rose more than forecast.
Oil rise helped by renewed Middle East unrest.
Copper rebounds but Japan tensions remain.
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Gold rises as markets stabilize.
Dollar fell to a four-month low against the yen.
U.S. crude oil stockpiles rose more than forecast.
Oil rise helped by renewed Middle East unrest.
Copper rebounds but Japan tensions remain.
FREE MCX Intraday Tips for today On mobile